OB1
Allows anyone in the world to buy and sell anything to anyone else, anywhere, for free.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
$10.5m | Series B | ||
| Total Funding | 000k | ||
Related Content
OB1 was the company behind the development of OpenBazaar, a decentralized peer-to-peer marketplace. The platform allowed users to buy and sell goods and services directly with each other, without intermediaries, using cryptocurrencies like Bitcoin. This decentralized nature aimed to provide a censorship-resistant and free-trade environment, where users had full control over their own data and transactions.
The business model was centered around offering auxiliary services rather than charging fees on transactions, which were free. The company was founded in 2015 and attracted venture capital funding. However, despite the initial enthusiasm for the concept of decentralized trade, the company ceased operations and is now considered deadpooled.
Keywords: peer-to-peer marketplace, cryptocurrency, decentralized trade, e-commerce, Bitcoin, censorship-resistant, fintech, blockchain, data control, direct transactions
